In late 1980's, close to the end the government policy of restructuring
(Perestroika) the population was granted the opportunity to establish
independent institutions of professional and higher learning. As a result, on
October 15, 1988 Nizhny Novgorod School of Effective Management was founded in
the historical heart of the city on the Volga embankment. We considered that
day to be the date when this Institute was founded.

Alexander P. EGORSHIN
President
Ph.D., Professor of Economics
Hon. Scholar of the Russian Federation
Member of the International Academy of Management